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A Decrease in the Price of Bubble Gum Below Equilibrium

Question 11

Multiple Choice

A decrease in the price of bubble gum below equilibrium will


A) Shift the bubble gum supply curve to the right.
B) Shift the bubble gum demand curve to the right.
C) Cause a surplus of bubble gum.
D) Cause a shortage of bubble gum.

Correct Answer:

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